Blake E. Larson - 31 Dec 2021 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Issuer symbol
NOC
Transactions as of
31 Dec 2021
Net transactions value
-$172,246
Form type
4
Filing time
04 Jan 2022, 15:10:42 UTC
Previous filing
04 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOC Common Stock Options Exercise $0 +1,414 +10% $0.000000 15,288 31 Dec 2021 Direct F1
transaction NOC Common Stock Tax liability $172,246 -445 -2.9% $387.07 14,843 31 Dec 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NOC Restricted Stock Rights Options Exercise $0 -1,414 -13% $0.000000 9,112 31 Dec 2021 Common Stock 1,414 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the 2011 Long-Term Incentive Stock Plan on 2/12/2020 that vested on 12/31/2021.
F2 Each RSR represents a contingent right to receive an equivalent number of shares in Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock.